8 months on rocket

5512 S Van Ness Ave, Los Angeles, CA, 90062

$645,000

Home List Price

$7,659*

Closing Credit

3 Bedrooms
2 Full Baths
1,082 SqFt
$596/SqFt
House

Location

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5512 S Van Ness Ave, Los Angeles$645,000

Buyer Closing Credits

$7,659*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1922
CoolingWall/Window Unit(s)
FireplaceNone
ViewNone
MLS #DW24050874
Lot Size0.12 Acres
StatusActive

About 5512 S Van Ness Ave

R2 Zoned Lot perfect for a seasoned builder, beginning investor, or first-time homebuyer! Welcome to 5512 S Van Ness Ave, a promising opportunity in Los Angeles. One of its standout features is the expansive lot size, exceeding 5000 sqft. This generous space opens doors to endless possibilities, from creating a lush garden oasis to expanding the living area. Seize the chance to transform this diamond in the rough into a dream home or a lucrative investment. Don't miss out on this unique chance to own a piece of Los Angeles real estate with incredible potential. This property, while in need of some tender loving care (TLC), stands as a golden chance for both first-time homebuyers and seasoned investors. Priced attractively, it presents the perfect canvas for customization and improvement. Nestled in a vibrant neighborhood, this residence boasts proximity to enticing attractions, including parks, dining, and cultural hotspots. This property offers a strategic location and potential for substantial value appreciation.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 1
  • Living Area: 1,082 SqFt

Listing Office:

  • Office Name: J A T S Enterprises, Inc.
  • Office Phone: (323) 356-3638
  • Listing Agent: Jeanet Salazar

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Exit Slauson off the 110 Freeway going west, Drive until Van Ness & Turn right (going north)

Price Information

Listing Price Info

Price Summary:

  • List Price: $645,000
  • Price Per SqFt: $596/SqFt

Tax Information:

  • Annual Amount: $5,845
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

5512 S Van Ness Ave vs Los Angeles

253 DAYS ON ROCKET

+215 Days

$645,000

-$378.4K Less

$596/SqFt

-$45 Less

KEY TAKEAWAY

This property is $378.4K less than the Median Sold Price and $45/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW24050874

Listing Office:

  • Office Name: J A T S Enterprises, Inc.
  • Office Phone: (323) 356-3638
  • Listing Agent: Jeanet Salazar

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 11, 2018Home Sold
$455,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,845$478,286
2020$5,672$473,382
2019$463$464,100
2018$456$30,107
2017$456$29,518

History based on county public records data.

Payment Calculator

$3,287

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,000

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-414473
3
/10

  • Angeles Mesa Elementary

  • 2611 W 52nd St

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-414474
3
/10

  • 59th Street Elementary School

  • 5939 2nd Ave

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-414475
4
/10

  • Western Avenue Elementary

  • 1724 W 53rd St

  • 0.57 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,500. Most Los Angeles, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5512 S Van Ness Ave

What is the listing price of this property?

The listing price of 5512 S Van Ness Ave property is $645,000.

What type of property is this?

The property 5512 S Van Ness Ave is a house located in Los Angeles, California, 90062.

Is this property for sale now?

Active Listing: 5512 S Van Ness Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,845 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 11, 2018 for $455,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5512 S Van Ness Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5512 S Van Ness Ave is 1,082 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5512 S Van Ness Ave is 1922.

Rocket Homes›California›Los Angeles County›Los Angeles›90062›5512 S Van Ness Ave

This home is located at 5512 S Van Ness Ave in Los Angeles, CA and zip code 90062 in the Chesterfield Square neighborhood. This 1,082 square foot home, which was built in 1922, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $645,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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